AMD Reports Second Quarter 2018 Financial Results

 

    
ADVANCED MICRO DEVICES, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS  
(Millions)
    
 June 30,
2018
 December 30,
2017
Assets   
Current assets:   
Cash and cash equivalents$948  $1,185 
Marketable securities 35   - 
Accounts receivable, net 1,118   454 
Inventories, net 750   694 
Prepayment and other receivables - related parties 25   33 
Prepaid expenses 68   77 
Other current assets 155   191 
    
Total current assets 3,099   2,634 
Property and equipment, net 295   261 
Goodwill 289   289 
Investment: equity method 57   58 
Other assets 363   310 
    
Total Assets$4,103  $3,552 
    
Liabilities and Stockholders' Equity     
Current liabilities:   
Short-term debt$223  $70 
Accounts payable 520   384 
Payables to related parties 475   412 
Accrued liabilities 577   555 
Other current liabilities 73   92 
    
Total current liabilities 1,868   1,513  
Long-term debt, net   1,170       1,325  
Other long-term liabilities   186       118  
       
Stockholders' equity:      
Capital stock:      
Common stock, par value   10       9  
Additional paid-in capital   8,564       8,464  
Treasury stock, at cost   (109 )     (108 )
Accumulated deficit   (7,576 )     (7,775 )
Accumulated other comprehensive income (loss)   (10 )     6  
       
Total Stockholders' equity $ 879     $ 596  
Total Liabilities and Stockholders' Equity   $ 4,103     $ 3,552  
       

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